TOP best types of bearing companies in Pakistan
BEARMAX COMPANY IN PAKISTAN The global bearings market is fairly static with growth between 0-1% year. They also state that the Industrial bearing market accounted for almost 40% of world demand with sales through distributors coming a close second at 30%. Although fragmented, the highest growth market is China with its worldwide share growing to 30% – mainly thanks to a few international bearing companies accounting for a third of this market share. Other Asian markets with sizeable sales include India, Thailand, Indonesia, Taiwan, and South Korea combining to create 10%. Japan alone accounts for a further 10% of the market. So with strong competition from Asia who already accounts for 50% of the market, where does that leave the UK’s bearing companies? Is it possible to compete on a global scale. We think so. The UK bearing market mainly consists of SMEs but that is what makes the UK great. SMEs are flexible and can act fast in a turbulent market. Couple that with ...